secwatch.observer — SEC 8-K summary
======================================

Issuer:     JACK HENRY & ASSOCIATES INC (JKHY)
CIK:        0000779152
Form:       8-K
Filed at:   2023-10-30T23:59:59+00:00
Accession:  0000779152-23-000090
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jack Henry reports Q1 deconversion revenue of $4.1M; guides FY24 to $16M
------------------------------------------------------------------------

- Q1 fiscal 2024 deconversion revenue was $4.1 million.
- Full-year fiscal 2024 deconversion revenue estimated at $16 million.
- Deconversion revenue arises when a customer is acquired, resulting in contract termination.
- Company excludes deconversion revenue from non-GAAP revenue as it is not operational.
- Detailed guidance approach referenced in Aug 3, 2023 8-K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/779152/000077915223000090/0000779152-23-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/779152/000077915223000090/jkhy-20231030.htm
  HTML page:      https://secwatch.observer/filing/0000779152-23-000090

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer